Home Builder Confidence Falls to 8-Month Low

Home builders are still optimistic, but not nearly as optimistic as they were earlier this year.

By

Amey Stone

July 18, 2017 12:37 p.m. ET

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By

Amey Stone

July 18, 2017 12:37 p.m. ET

Home builder sentiment fell again in July, continuing a slide from March highs.

The National Association of Home Builders/Wells Fargo housing market index came in at 64 for July, 2 points below June's reading of 66, which was revised down from 67. Economists expected July to be reported at a level of 67.